Market Discussions

1 bil a day i think that would be when some changes hit , like old ore ships change or current new destroyers they were selling for what 40 30 millions each first day ? Or something similar , i find making 1 bil a day with normal market flow kinda hard aswell unless its baby sitting 300+ orders all day .

How much of that 14 bil you invested in buy orders?
Station trading is simple as it can be , buy orders vs sell orders , on items which sell a lot and have highest difference between buying and selling , there isnt much more atleast as far as i know , but a bit of hauling from here and there can raise profits by a lot ... but that indeed isnt station trading anymore .

And btw since last year there is LOT and i mean a LOT more competition tbh

Well i agree with you , but the easiest way would be due to some sort of speculation
Also the guy who said he made 4.2 in a day he also said clearly he usually makes 150 a day which is "more normal" or usual .

A lot of players say stay away from Jita. Bit Jita is the one Place you CAN make over 1 bil a day station trading. But it is a hard market to break into, and takes a lot more work than station trading in other hubs.

The easiest way to make isk station trading is to work the spread between buy orders and sell orders. There are other ways but if you are new this is a good way to get your feet wet. The key is not to look for items with a large spread but items with high volume traded per day. The hard part is playing the 0.01 isk games well to keeping your own buy/sell orders competitive.

What you do is find items commonly sold by others in the market hub you choose to play. This can be anything from ore or minerals sold in bulk by miners to random modules sold by mission runners. The idea here is not big profit per unit but an item that moves massive amounts of units. Say tritanium for example. you set up several large buy orders at competitive prices. Any tritanium you buy here you flip to a sell order at a couple percent profit. 1% of 1 billion is 10 million while 10% of 50 million is only 5 million. Lower margins on higher volumes will make you far more in the long run.

The idea is miners will come to the hub to off load their minerals or even raw ore and sell the the highest buy order, rather than post a sell order and wait for their money. Most miners just click sell and do not even check the price to see how it compares. They automatically sell to the highest buy order what ever that may be, with a little luck and patience it will be yours.

Like wise many manufactures will go to a trade hub to buy their minerals in bulk. they buy from the cheapest sell order that has enough volume to bother clicking on. very small stacks often get overlooked. If you are buying tritanium at say 5.8isk/unit and selling at say 6.2 isk/unit you are making 0.4 isk per unit, not much to look at, especially once you figure in tax and broker fee's. But if you move enough volume it can turn into massive isk. Consider that a single battleship can take over 10 mil tritanium, it should be very easy to sell 1 billion units a day. thats 400 mil profit minus tax and broker fee's. do you think it would be possible to sell 1000 battleships worth of tritanium in a day? Sure, it is possible in a place like Jita, if you play the market right and keep your orders on top. That would be 4 billion profit if you could. So 1 billion isk a day would only require 250 battleships worth of tritanium sold at .4 isk/unit profit. There are far more than 250 battleships sold in Jita each day. So that volume would certainly be possible. Although a more reasonable goal would be a few hundred million isk per day. But if you have the capital to play with multiple different items, then 1 billion isk/day should be a very obtainable goal even for a fairly new trader.

Keep in mind this is a lot easier said than done. Trade hubs, especially Jita are very competitive. You will spend a lot of time playing 0.01 isk games, but if you are persistent, and smart about it, you CAN make loads of isk. Provided you have enough capital to break into the markets you are looking at.

nice catch. My bad, typo fixed.

Was supposed to be 10% of 50 million.

But as you say, the basis is still there. It is also far easier to find a item that moves in high volume with a 1% margin than it is the find an item that move decent volume at 10%. the 10% lower volume goods might be better for newer traders that do not have the capital to float the high volumes. But I have found anything over 5% profit margin attracts way to much attention.

Also remember that people like to exaggerate.

If someone made 1 billion ISK station trading once then that's what they do all the time.

If someone made 100 million station trading once then, of course, they -can- make 1 billion ISK if they -wanted- to so they'll use that number.

The numbers that people post are usually grossly exaggerated and very inaccurate.

If you've ever met a sales person who works on commission and ask them how much they make they'll tell you their best week's numbers and then try to claim that is what they make all the time - it isn't.

While there may be some people who make a billion ISK / day station trading they are few and far between. Nor does that reveal how long they are active for (if they are active for 23 hours in that day then they are making ~43.5 million ISK per hour.

If you are station trading for one hour and getting ~43.5 million ISK then you are on pace for a billion in a day.

All that is to say: Take the numbers that people post with a healthy dose of skepticism.

Don't think of it as isk per day - work out how much time you spend at making orders etc etc and then work out ISK/hour. It's a much better metric. I'd rather make 1 billion isk a day with 10 minutes work, than 10 billion isk a day with 10 hours work.